# Osper

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/osper

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.meetosper.com
- Total disclosed funding: $1.2M
- Latest round: Seed (Apr 4, 2013)
- Investors on record: 1

## About

Osper is a financial service company that provides a prepaid debit card and mobile application designed to teach children about money management, budgeting, and saving through a secure and monitored environment.Founded in 2013 in London, UK, Osper specializes in financial solutions for children. The company has received funding through three deals, with the most recent investment round occurring on June 16, 2016, raising GBP 1.04 million from investors including Index Ventures and Horizons Ventures. Osper is currently valued at GBP 17.27 million and is led by CEO Ionut Neacsu.Osper's core offering is a prepaid debit card tailored for children, paired with a mobile app that enables parental oversight. The platform educates young users on financial literacy by allowing parents to set allowances, monitor spending in real-time, and teach budgeting skills. Available primarily in the UK and several European countries, Osper aims to help families instill financial responsibility in children in a secure manner.Osper operates on a subscription model, charging families GBP 2.50 per child per month after an initial 30-day free trial. This structure facilitates direct transactions between Osper and its users, where parents fund their children's prepaid cards via secure bank transfers, thus generating a stable revenue stream.In June 2016, Osper raised GBP 1.04 million to support growth initiatives, which may include the development of new financial products aimed at enhancing children’s financial literacy and expanding their market presence into additional European countries. Specific timelines for these product launches or market entries have not been disclosed, yet the funding is expected to bolster Osper's operation and support its strategic objectives.

## Funding rounds

- Seed, Apr 4, 2013, $1.2M — Techstars

## Investors

- Techstars (https://capitalatlas.ai/funds/techstars) — Seed